in a 4 hour chart you can Clearly see a double bottom formation and as its consolidating right now its a a perfect time to buy it at the lowest before the ny session opens up. Also you can clearly see a doji thats being formed at a daily chart and around the 1872 is a support turn resistance and on top of that if you take your fibo it comes directly at 61.8 but would place my tp at the around 1905 ..just to be on the safe side.